Tax Department (DGII) director Guarocuya Felix says that the goal is to provide 10,000 shops next year with devices that connect their cash registers to the tax bureau.
Small businesses with sales under RD$50,000 will receive small monthly deductions for the installation of the system.
The DGII says that it is granting a 100% tax deduction on the US$1,000 cost of the device and software for shops that come forth to install the system in the first 90 days of 2013. He said that shops that do not have the device installed in 2014 would be fined and even shut down.
As reported in Listin Diario, he said that 2,180 devices have been installed, but the DGII wants 10,000 in place to introduce the 8% on new items in 2013 and the expanded 18% ITBIS tax that go into effect in January 2013.
Felix said that the purpose of the fiscal amnesty that was passed in the Senate and now needs Chamber of Deputies approval is to expand the number of regular taxpayers. He made the point that the principal is not being exonerated, only fines and interest charges. The amnesty is expected to generate RD$2.5-3 billion for the government.
Felix said that tax collections are up 21.8% this year.
Felix said that for 2013, the DGII would work on reducing tax evasion for liberal professions by instating an electronic invoice.
Regarding income tax revenues, he said that 570 companies in the Dominican Republic currently generate 50% of all tax revenues.